Bitcoin News / Bitcoin.com - 1 year ago
Metamask users in Nigeria can now directly and instantly buy crypto assets within the mobile app, Consensys and its Web3 infrastructure partner Moonpay have said. According to a Consensys executive, rolling out this feature helps to reduce friction w...
Bitcoin News / Bitcoinist - 1 year ago
Nigeria, the most populous African nation, experienced a severe cash shortage and these shortages have increased the adoption rate of its CBDC, the eNaira.
Nigeria is the first African nation to launch a sovereign digital currency. After the launch,...
Bitcoin News / Bitcoinist - 1 year ago
Crypto-related developments continue to gain more ground despite the recent market turmoil caused by FTX has broken the investors’ trust. This time, ConsenSys, the firm behind the most used self-custodian cryptocurrency wallet, MetaMask, inked...
Cryptocoins News / Blockchain - 1 year ago
MetaMask, a major crypto wallet, has partnered with MoonPay to enable direct bank transfers for crypto purchases in Nigeria, allowing users to access crypto faster and cheaper without using credit or debit cards. Nigeria is a major market for MetaMas...
Cryptocoins News / The Cointelegraph - 1 year ago
The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation. Nearly 18 months...
Cryptocoins News / CoinJournal - 1 year ago
MetaMask and MoonPay have partnered to enable more Nigerians to buy crypto directly via instant bank transfers.
About 12.4 million Nigerians own crypto, with the country the third largest MetaMask market in the world.
ConsenSys said in a press relea...
by COINS NEWS - 1 year ago
Crypto investors in Nigeria no longer need to rely on centralized exchanges for buying cryptocurrencies like Bitcoin. Self-custody cryptocurrency purchases are becomin...
Bitcoin News / Bitcoin.com - 1 year ago
Flutterwave, the Nigerian fintech giant, recently said it had obtained two licenses from the National Bank of Rwanda, which allow it to offer its services to more than 13 million people living and working in Rwanda. According to Flutterwave’s r...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian central bank has said the recently demonetized ₦200, ₦500 and ₦1,000 banknotes will remain legal tender until Dec. 31, 2023. The central bank statement, which reaffirms a Supreme Court ruling that extended the lifespan of the demonetized...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian central bank recently said it had issued operational guidelines for open banking in Nigeria which are expected to enhance efficiency and access to financial services. According to the central bank, some of the guidelines’ objectives incl...
Cryptocoins News / Blockchain - 1 year ago
Nigerian President-elect Bola Tinubu has released a manifesto proposing the implementation of blockchain technology and cryptocurrencies in Nigeria's banking and finance sector. The manifesto suggests reforming existing Nigerian Security Exchange Com...
Bitcoin News / Bitcoin.com - 1 year ago
According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Central Bank of Nigeria (CBN)’s demonetization of the 1,000, 500 and 100-naira banknotes. According to the court, Nige...
Cryptocoins News / The Cointelegraph - 1 year ago
The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth. Nigerian President-elect Bola Tinubu has recently rel...
Bitcoin News / Google News Bitcoin - 1 year ago
Nigeria's Bitcoin Arbitrage Soars To 62% As Copy Trading Gains Popularity Amid Economic Turmoil& & Benzinga
Cryptocoins News / The Cointelegraph - 1 year ago
The Supreme Court of Nigeria says no to redesigning the naira, ruling that the old banknotes will remain in circulation. The Supreme Court of Nigeria has ruled that th...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million from user accounts. The fintech firm said a routine check of its transaction monitoring system helped to uncover “an unusual trend...
Bitcoin News / Bitcoin.com - 1 year ago
According to an analysis of Google searches by Leverage Trading, Nigeria is the “second-highest country in the world for searches related to crypto leverage.” Along with South Africa and Ghana, the West African nation also dominates searc...